UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934
November 15, 2002
(Date of Report)
UNITED BANCORP, INC.
(Exact name of registrant as specified in its charter)
MICHIGAN 0-16640 38-2606280
- --------------------------- ------- -----------------------------------
(State or other jurisdiction Commission (I.R.S. Employer Identification No.)
of incorporation or organization) File Number
205 E. CHICAGO BOULEVARD, TECUMSEH, MI 49286
(Address of principal executive offices)
(517) 423-8373
(Registrant's telephone number including area code)
N/A
(Former name, former address and former fiscal year,
if changed since last report)
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ITEM 1. CHANGES IN CONTROL OF REGISTRANT
Not Applicable
ITEM 2. ACQUISITION OR DISPOSITION OF ASSETS
Not Applicable
ITEM 3. BANKRUPTCY OR RECEIVERSHIP
Not Applicable
ITEM 4. CHANGES IN REGISTRANT'S CERTIFYING ACCOUNTANT
On October 4, 2002, Crowe, Chizek and Company LLP (Crowe Chizek)
informed the registrant that they intended to resign by November 15,
2002, and effective November 13, 2002, such resignation was provided.
Crowe Chizek's reports on the Registrant's financial statements for
the two most recent fiscal years ended December 31, 2000 and 2001 did
not contain an adverse opinion or disclaimer of opinion, nor were
they qualified or modified as to uncertainty, audit scope, or
accounting principles. The intended resignation was approved by the
Audit Committee of the Registrant and its Board of Directors.
During the two most recent fiscal years and any subsequent interim
period preceding the effective date of the resignation, there were no
disagreements with Crowe Chizek on any matter of accounting
principles or practices, financial statement disclosure, or auditing
scope or procedures, which disagreement, if not resolved to Crowe
Chizek's satisfactions, would have caused it to make reference to it
in its report. No "reportable events" as defined in item 304(a)
(1)(v) occurred within the Registrant's two most recent fiscal years
and any subsequent interim periods preceding the resignation.
On November 13, 2002, the Registrant engaged BKD, LLP as its
principal accountants to audit the Registrant's financial statements
for the year ending December 31, 2002. During the Registrant's two
most recent fiscal years and any subsequent interim period prior to
engaging the new accountants, the Registrant did not consult with the
newly engaged accountants regarding any of the matters described in
Item 304(a)(2)(i) or (ii).
The letter of the former accountants required by Items 304(a)(3) is
filed as Exhibit 16 to this report.
ITEM 5. OTHER EVENTS
Not Applicable
ITEM 6. RESIGNATIONS OF REGISTRANT'S DIRECTORS
Not Applicable
ITEM 7. FINANCIAL STATEMENTS AND EXHIBITS
(c) EXHIBITS
16 Letter re: Change in Certifying Accountant
ITEM 8. CHANGE IN FISCAL YEAR
Not Applicable
ITEM 9. SALES OF EQUITY SECURITIES PURSUANT TO REGULATION S
Not Applicable
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SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934,
the registrant has duly caused this report to be signed on its behalf by the
undersigned thereunto duly authorized.
UNITED BANCORP, INC.
(Registrant)
Date: November 15, 2002 /S/ Dale L. Chadderdon
Principal Financial Officer
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Exhibit Index
Exhibit Description
No.
16 Letter re: Change in Certifying Accountant